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Unitil updates executive equity compensation and performance awards

Story Highlights
  • On January 27, 2026, Unitil revised and implemented equity compensation practices granting executives annual time- and performance-based restricted stock awards.
  • Unitil awarded restricted and unrestricted shares to top executives after exceeding 2023–2025 targets for return on equity and book value growth, reinforcing pay-for-performance alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unitil updates executive equity compensation and performance awards

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The latest announcement is out from Unitil ( (UTL) ).

On January 27, 2026, Unitil’s Compensation Committee approved further amendments to its equity compensation practices for executive officers and senior management, refining the treatment of dividends on restricted stock while maintaining a structure that grants annual awards split evenly between time-vested and performance-vested restricted shares. Time Restricted Shares continue to vest in 25% increments over four years, while Performance Restricted Shares vest after a three-year period based on achieving specified thresholds for average return on common equity and growth in book value per share over 2026–2028, with potential for vesting above 100% of the target through issuance of additional shares if maximum goals are exceeded. On the same date, the company granted new tranches of Time Restricted Shares and Performance Restricted Shares to its top executives, including CEO Thomas P. Meissner Jr., CFO Daniel J. Hurstak and other named officers, and also issued unrestricted common shares to these executives as a result of Unitil exceeding combined target performance goals for ROE and book value growth over the 2023–2025 period under awards originally granted in 2023, reinforcing a pay-for-performance model that ties leadership compensation closely to long-term financial outcomes.

The most recent analyst rating on (UTL) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Unitil stock, see the UTL Stock Forecast page.

Spark’s Take on UTL Stock

According to Spark, TipRanks’ AI Analyst, UTL is a Neutral.

The score is driven primarily by solid profitability but constrained by leverage and negative free cash flow. Earnings commentary and corporate actions are supportive (reaffirmed guidance and acquisitions), while technicals are largely neutral and valuation/dividend are reasonable.

To see Spark’s full report on UTL stock, click here.

More about Unitil

Unitil Corporation is a regulated energy company that provides electric and natural gas distribution services to customers in the U.S. Northeast. The company focuses on delivering reliable utility service while using long-term incentive compensation, including stock-based awards, to align senior management and executive pay with shareholder returns and key financial performance metrics such as return on equity and book value growth.

Average Trading Volume: 117,515

Technical Sentiment Signal: Buy

Current Market Cap: $912M

For an in-depth examination of UTL stock, go to TipRanks’ Overview page.

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